Law and Economics.

• Position: Program and Working Group Meetings

The NBER's Program on Law and Economics met in Cambridge on March 3. Program Director Christine Jolls of Yale University organized the meeting. These researchers' papers were presented and discussed:

* David Arnold, Princeton University; Will S. Dobbie, Princeton University and NBER; and Crystal Yang, Harvard University, "Racial Bias in Bail Decisions"

* Mitchell Polinsky, Stanford University and NBER, and Paul N. Riskind, Stanford University, "Deterrence and the Optimal Use of Prison, Parole, and Probation"

* Saurabh Bhargava and George Loewenstein, Carnegie Mellon University, and Justin R. Sydnor, University of Wisconsin-Madison and NBER, "Evaluating Health Insurance Decisions: Health Plan Choices from a Menu with Dominated Options"

* Tal Gross, Columbia University and NBER; Matthew J. Notowidigdo, Northwestern University and NBER; and Jialan Wang, University of Illinois at Urbana-Champaign, "The Marginal Propensity to Consume over the Business Cycle" (NBER Working Paper No. 22518)

...